Featured Archives • Page 51 of 1005 • Financial News

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Goldman Sachs profit jumps on robust debt underwriting, fixed-income trading

GOLDMAN Sachs’ profit more than doubled in the second quarter, bolstered by higher fees from debt underwriting and a strong performance in its fixed-income trading business.

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Ping An Insurance seeks US$3.5 billion from convertible bond sale

PING An Insurance (Group) is seeking to raise US$3.5 billion through the sale of convertible bonds due in 2029, according to terms of the deal obtained by Bloomberg News.

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China withdraws cash from banking system amid yuan pressure

CHINA withdrew cash from its banking system for a fifth consecutive month amid caution towards monetary easing as currency depreciation pressures mount.

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Aussie banks to return A$28m to low-income customers kept in high-fee accounts

FOUR Australian banks will give back a total of A$28 million (S$25.5 million) to low-income customers, after a review by the corporate regulator found these customers had been kept in high-fee bank accounts despite being eligible for cheaper products.

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Aussie banks to return A$28 million to low-income customers kept in high-fee accounts

FOUR Australian banks will give back a total of A$28 million (S$25.5 million) to low-income customers, after a review by the corporate regulator found these customers had been kept in high-fee bank accounts despite being eligible for cheaper products.

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Sea picks Trust Bank’s Natalia Goh to be Maribank CEO

SEA Ltd appointed Natalia Goh as the new leader of its Singapore digital bank, picking the operating chief of rival Trust Bank to steer the South-east Asian Internet company’s budding finance arm.

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Talent shortage among challenges S’pore banks face in aiming for higher compliance standards in anti-money laundering measures

A TALENT shortage and inconsistent treatment among financial institutions in enforcing the rules are the main gaps that Singapore has to address to boost its standards of compliance with anti-money laundering (AML) standards, industry watchers have said.

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Talent crunch, patchy compliance at banks chinks in Singapore’s money laundering armour

A TALENT shortage and inconsistent treatment among financial institutions in enforcing the rules are the main gaps that Singapore has to address to boost its standards of compliance with anti-money laundering (AML) standards, industry watchers have said.

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Goldman Sachs challenges result of Fed stress test

GOLDMAN Sachs has lodged an appeal with the US Federal Reserve challenging its result in the regulator’s most recent “stress test”, which is set to force the bank to hold a greater amount of capital, the Financial Times reported on Sunday (Jul 14), citing people familiar with the matter....

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Bitcoin hits US$60,000 as Trump shooting boosts re-election odds

BITCOIN rose above US$60,000 after Donald Trump’s defiant response to an assassination attempt spurred speculation that his chances of winning the presidential election have climbed.

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